Mirasol Resources (CVE:MRZ) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Mirasol Resources Ltd. (CVE:MRZ) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.46 and traded as low as C$0.46. Mirasol Resources shares last traded at C$0.46, with a volume of 3,852 shares.

Mirasol Resources Stock Performance

The company’s fifty day simple moving average is C$0.49 and its 200 day simple moving average is C$0.46. The stock has a market capitalization of C$32.07 million, a P/E ratio of -2.88 and a beta of 1.48. The company has a current ratio of 4.20, a quick ratio of 8.86 and a debt-to-equity ratio of 2.50.

Mirasol Resources (CVE:MRZ) last issued its quarterly earnings data on Monday, October 28th. The company reported C($0.03) earnings per share (EPS) for the quarter.

Mirasol Resources Company Profile

Mirasol Resources Ltd. engages in the acquisition and exploration of mineral properties primarily in Chile and Argentina. The company explores for gold, silver, and copper deposits. Its flagship projects include the Sobek Cu project, which covers an area of 11,100 hectares located in northern Chile; and the Inca Gold that covers an area of 16,300 hectares located on the Paleocene belt of Chile.